Aquila expands in Sweden

29 November 2016

Aquila Capital has announced its second wind energy investment in Sweden with the purchase of a 65 MW scheme in the municipality of Ljusdal.

The Högkölen wind farm will feature 18 Vestas V 126 3.6 MW turbines and will be connected to the grid in 2018. It has been developed by OX2, one of the largest wind farm developers in Sweden, and will be handed over to Aquila on a turnkey basis.

In mid-October 2016, OX2 and Aquila Capital entered a purchase contract for the 148 MW Lehtirova wind farm in northern Sweden. OX2 will be responsible for technical and commercial management of both Högkölen and Lehtirova.

Roman Rosslenbroich, CEO and Co-Founder of Aquila Capital, said: “Högkölen is a technologically advanced project at an unusually favourable wind location and therefore perfectly adds to our portfolio in Scandinavia.”

Aquila said in a statement that it regards Sweden as “a highly attractive location for onshore wind investments”. In the past two years it has acquired wind energy projects in Scandinavia with a total capacity of around 400 MW.


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